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Mr. Bipartisan, President Obama, apparently hasn't done much to reach out to Republican Senators about getting his second term agenda passed and when I say hasn't done much, I mean hasn't done anything at all. More from POLITICO:
President Barack Obama will need Republican senators to pass his ambitious agenda — and the White House has even identified the top prospects.
But after months of buildup and a week since his State of the Union address, key aides on the Hill and at the White House acknowledge that even GOP senators who fit Obama’s...
The Recession started in December 2007.
The Financial Crisis was 15 months later, September 2008.
What happened in 2007 other than the housing situation to cause the recession?
The big hike in the minimum wage caused a major loss of unskilled jobs. Unemployment rates skyrocketed for teenagers and minorities.
Also, many of the low income workers who lost there jobs were the ones who had previously purchased homes with subprime mortgages. They lost their homes to foreclosure. A large number of houses was involved. Ripple effects lead to the Financial Crisis.
Democrats triggered the Great Recession.
"To sum it up: The minimum wage may go up, but it benefits only a few — usually those who get paid more than this wage. Those on the bottom of the rung tend to suffer because there are fewer jobs available for them at this new rate."